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tfs corporation ltd (TFC) Details

T.F.S. Corporation Limited manages and operates forestry plantations in Australia. It operates through Plantation Management, Finance, Sandalwood Products, and Agriculture segments. The company manages approximately 9,000 hectares of Indian sandalwood plantations in the tropical north of Australia. It is also involved in the provision of finance to growers to purchase sandalwood lots; production and sale of sandalwood oil and related products to buyers; and cultivation and sale of agriculture produce. The company was founded in 1997 and is headquartered in Nedlands, Australia.

tfs corporation ltd (TFC) Key Developments

TFS Corporation Limited has completed the sale of more than 1,500 hectares of new plantations in fiscal 2015 to institutional, international high net worth, and domestic high net worth and retail investors against 1,477 hectares in fiscal 2014.
TFS expects to report financial results in line with its previous guidance with cash EBITDA up by approximately 10% on fiscal 2014.

TFS Corporation Reaffirms Earnings Guidance for Fiscal 2015

Jul 2 15

TFS Corporation reaffirmed earnings guidance for fiscal 2015. The company reaffirmed its expectation of a net profit of at least $90 million for fiscal 2015.

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